Former Uber CEO Travis Kalanick forms investment fund

Former Uber CEO and co-founder Travis Kalanick today announced a new investment fund he’s calling 10100, pronounced “ten-one-hundred,” that will focus on his “passions, investments, ideas, and big bets.” The theme of the fund, he says, will be large-scale job creation with a focus on real estate, e-commerce, and innovations from countries like China and India. “Our non-profit efforts will initially focus on education and the future of cities,” Kalanick writes.
Since Kalanick stepped down from Uber in July of last year, he’s remained an outsized influence in the day-to-day operations at the ride-hailing giant thanks to board seats Kalanick controlled as part of the deal he cut with the company alongside his resignation. The company,...
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